Fannie Mae Honors Freedom Mortgage with STAR Performer Award, Seventh Year in a Row
Recognized in General Servicing for Excellence in 2022, Helping Americans Become Homeowners While Providing Exceptional Customer Service and Industry Best Practices
Boca Raton, FL - March 21, 2023 - Freedom Mortgage, one of the largest full-service independent mortgage companies and a top Veterans Administration (VA) and Federal Housing Administration (FHA) lender in the U.S., has received Fannie Mae's Servicer Total Achievement and Rewards™ (STAR™) Performer Award for the seventh straight year, recognized for competency, capacity, and overall performance. Freedom Mortgage is the fifth largest non-bank agency mortgage-backed securities (MBS) mortgage servicer in the U.S., according to Inside Mortgage Finance (IMF) magazine (2022) and has grown its total servicing-owned portfolio by more than 110 percent over the past four years to $452 billion.
"We thank Fannie Mae for recognizing Freedom Mortgage as a STAR Performer," said Stanley C. Middleman, President and CEO of Freedom Mortgage. "We are committed to operational and customer service excellence. Our mission at Freedom Mortgage is to foster homeownership and assist Americans from all financial backgrounds purchase a home. We are always working to provide a great experience for our customers seeking to refinance to reduce their monthly payment or interested in leveraging the equity in their home for cash to pay down debt or renovate their home."
The STAR Program is a performance management and recognition program that acknowledges a handful of companies across the country that demonstrate excellence in mortgage servicing and their ability to assist homeowners. Servicers are measured on the basis of their general servicing performance, roll rates, retention, liquidation efficiency, six-month modification performance and timeline management compared against the performance of other Fannie Mae loans with similar credit characteristics.
In addition to providing home financing, through Team Freedom Cares, Freedom Mortgage's employee engagement and philanthropic program, the company strives to better the communities in which it operates. Click here to watch a recap of Freedom Mortgage's philanthropic activities in 2022. For more information, visit www.freedommortgage.com/community.
For more information on Freedom Mortgage's servicing department visit https://www.freedommortgage.com/my-mortgage> For information on obtaining or refinancing an FHA loan visit https://www.freedommortgage.com/fha-loans. For information on obtaining or refinancing a VA loan visit https://www.freedommortgage.com/va-loans.
About Freedom Mortgage Corporation
Founded in 1990 and headquartered in Boca Raton, Florida, Freedom Mortgage is an independent mortgage company that provides mortgage loans through retail, wholesale and correspondent channels. One of the nation's largest non-bank mortgage lenders/servicers, the company is licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Freedom Mortgage is a top VA and FHA (government-insured) lender in the U.S. (Inside Mortgage Finance, Jan-June 2022), and one of the mortgage industry's largest philanthropic supporters of the USO of Pennsylvania and New Jersey. The company is also renowned for its vibrant work environment where all team members can thrive. Earlier this year, Freedom Mortgage was honored for the third year in a row as a Top Workplaces USA. Last year, Freedom Mortgage made it back on the Inc. 5000 Honor Roll for the eighth time as one of the fastest-growing companies across the country. Freedom Mortgage's mission is to foster homeownership for all consumers across America. Lender NMLS ID: 2767. Equal Housing Opportunity. For more information, please visit FreedomMortgage.com.
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